How difficult is it to make a living from trading?
Perhaps you once thought that the moment a trading system took shape, you already had the ability to make a living from trading. But later, you gradually realized that even if the system is initially established, it is only the beginning of the mid-stage of trading. Next, there are many tests waiting, such as execution, persistence, the game of human nature, emotional control, and the torment of unfavorable periods.
People often overestimate themselves, especially when they feel they have 'enlightened' themselves. If I were to answer this question again now, my answer would be: let the results speak. Only when you truly achieve financial independence through trading can you objectively say that you have the ability to make a living from trading.
The establishment of a trading system is essentially a crystallization of thought and cognition. It is not just cold rules, but a reflection of your understanding of the world, your observations of the market, and even your personal pattern and wisdom. Therefore, every system is an externalization of cognition.
▎ Three Principles of Trading:
1. Firmly execute the operational strategy, and never allow emotions to break the rules.
2. Strictly set and execute stop-loss and take-profit strategies—act immediately when the line is touched, without hesitation or mercy.
3. Completely forget the previous trade. Every entry is an independent decision; record losses truthfully, do not deceive yourself or evade.
Execute! Execute! Execute!
In the market, one can see the drama of 'one thought heaven, one thought hell' everywhere; only by consistently sticking to the trading plan can one survive continuously.
Let go of the obsession with money. Every trade is a battle between emotions and execution power.
You should see only strategy, with no fear or greed;
Your mind should focus only on position size, not the fluctuations of numbers.
You need to become a calm trading machine:
- Only pursue more efficient information acquisition and strategy optimization;
- Only conduct quantity and price analysis and information flow design like mathematical deduction;
- Only value the success rate of strategies and backtesting simulations, with no 'money' in sight, only the tools needed for execution.
Losses are merely the costs expected in the strategy;
Profits are just the natural results of the system's logic.
Only with extreme calmness can one achieve continuous profits.
